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Newsletter Listing intro for week 27

Welcome to the Friday Brief for 4 July 2014.
The economic news this week shows a very strong reading for the PMI in the UK with only the USA coming close to matching the pace of expansion in the UK manufacturing sector. By contrast, the PMI for the Euro-Zone fell slightly compared to May, with the main concern being France where the index slipped to a 6-month low.
This week the Labour Party’s thinking about the economy was set out at a major conference in London. Entitled ‘Inclusive Prosperity’ the thinking brings together recent reviews on subjects including Manufacturing, Infrastructure and Growth. Presentation of the reviews was followed with a speech by Ed Miliband, Leader of the Labour Party. We have a full report of the conference in this week’s Friday Brief.

The right to request flexible working has just been introduced. Employers now have a duty to give such a request reasonable consideration, although not a duty to grant it. ACAS has produced two guides which are attached to the story in the Friday Brief on how to handle the new arrangements.

This week also saw a request from the BSI for comment on the new Safe Use of Machinery guidelines. We have a link to the new document in the Brief. Members interested in making a contribution should contact the MTA’s Technical Manager so that the MTA’s input can be co-ordinated.

Members attending the Farnborough International Air Show are invited to attend the Washington State Pavilion for an informal chat and networking over drinks and canapés. We have further details in the Brief.

A video of some of the highlights from MACH 2014 has been compiled and can be played from the entry in this week’s Friday Brief.

We also have a reminder about the Inter-Association Golf Day on 16 July. This friendly competition between teams from engineering associations is always popular and is a great networking opportunity.
Have a good weekend.
 

MTA BUSINESS SURVEY

MTA BUSINESS SURVEY

We have launched the June edition of the MTA Business Survey;  you can access the on-line form at http://www.mta.org.uk/mta-business-survey-june14.  This is one of our slightly longer quarterly surveys, but we hope that you will still be able to take part..  We are aiming to maximise the response, so if you have not participated in this survey before, perhaps you could try this month.  Our initial target date for the responses is next Monday (7th July) and we will issue a reminder after this.

Changes to flexible working

Changes to flexible working

From 30 June 2014 every employee has the statutory right to request flexible working after 26 weeks of employment service. Employers now have a duty to give such a request reasonable consideration, although not a duty to grant it.

ACAS has produced two guides which members may find helpful in handling any requests and in providing training on flexible working. You can download the guides below.

Inclusive Prosperity

Inclusive Prosperity

Inclusive Prosperity is the theme under which much of the Labour Party’s thinking about the economy is grouped. It brings together recent Reviews on subjects including Manufacturing, Infrastructure and Growth. A major conference was hosted by the Policy Network Think Tank in London yesterday (3 July) at which a series of these Reviews were presented and then followed up with a speech by Ed Miliband.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

PMI, UK and Euro-zone, June 2014:  The Purchasing Managers Index (PMI) for the UK improved slightly in June to 57.5 (57.0 in May).  This is its 2nd strongest reading in 40 months, behind only the 57.8 recorded in November 2013 and the average rate of growth for the 2nd quarter of the year (April, May and June) for the manufacturing output element of the survey was the strongest for 20 years.  Robust production growth was maintained across the consumer, intermediate and investment goods sectors.  The UK market remained the main source of new orders, but inflows of new export